2 Bed, 1 Bath Detached Home in Thunder Bay Remote Area
About 12 Barnum Lake Road
This rustic timber framed 4 season home is only 20 km from Thunder Bay and is situated on Barnum Lake. Bosting over 350' of lake frontage, and a thriving walleye fishery this 2 bedroom home is kept toasty warm by a hydronic heating system and a masonry heater (with bread oven). You'll enjoy cooking in this spacious and well equiped Health Unit inspected (twice yearly) kitchen. As a condition of a food premises rating the well water is also tested twice a year. There is a rustic guest cabin which could easily be upgraded to bring additional rental revenue or add additional recreational space (20'x20'). Also included is a single detached garage. *For Additional Property Details Click The Brochure Icon Below*
2 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $532 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 12 Barnum Lake Rd
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
12 Barnum Lake Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13767696$585,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 12 Barnum Lake Rd Compares to the Thunder Bay Remote Area Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,874
/mo
based on the purchase price of $585,000
$117,000 cash
$468,000 financed
$394,179 total interest
Principal54%$468,000
Interest46%$394,179
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Thunder Bay Remote Area
Other 2–3 bed homes for sale in Thunder Bay Remote Area around $585K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio98.4%On average, homes sold below asking.
Active listings36Homes for sale here right now.
Median vs prior 90 days+52.7%Compared with May 4 – Aug 2, 2026: prices up.
Based on 32 sales from Aug 2 – Oct 31, 2026 (19 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 12 Barnum Lake Rd
How much is 12 Barnum Lake Rd listed for?
12 Barnum Lake Rd is listed at $585,000 (MLS® X13767696). Summitly updates the price as soon as the MLS® record changes.
Is $585,000 a good price for 12 Barnum Lake Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Thunder Bay Remote Area. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 12 Barnum Lake Rd changed?
No — 12 Barnum Lake Rd is still listed at its original asking price of $585,000.
How many bedrooms and bathrooms does 12 Barnum Lake Rd have?
12 Barnum Lake Rd has 2 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Thunder Bay Remote Area.
How much would the monthly mortgage be on 12 Barnum Lake Rd?
About $2,874 a month — principal and interest on $585,000 with 20% down ($117,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 12 Barnum Lake Rd compare with other homes in Thunder Bay Remote Area?
Its asking price of $585,000 is about 46% above the median sold price in Thunder Bay Remote Area over the last 90 days, $400,000, across 32 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 12 Barnum Lake Rd been sold before?
Summitly has no earlier MLS® sale or lease of 12 Barnum Lake Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 12 Barnum Lake Rd?
12 Barnum Lake Rd is in Thunder Bay Remote Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 12 Barnum Lake Rd been on the market?
51 days — 12 Barnum Lake Rd was listed on September 10, 2026.
What is the price per square foot of 12 Barnum Lake Rd?
About $390 to $532 per square foot: the asking price of $585,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 12 Barnum Lake Rd have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 12 Barnum Lake Rd have a basement, and is it finished?
The listing says 12 Barnum Lake Rd has no basement.
